HomeNewsWorldIs Facebook worth $50 bn of investor's money?
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Is Facebook worth $50 bn of investor's money?

New York Times chief M&A reporter and author of bestseller - Too Big to Fail, Andrew Ross Sorkin broke the news on this deal breaker. In an exclusive interview with CNBC-TV18’s Menaka Doshi, discussed whether this deal is more than just a financial investment by Goldman Sachs.

January 04, 2011 / 17:26 IST
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The first day of the year more than doubled Mark Zuckerberg's personal fortune, estimated at USD 7 billion. A USD 500 million investment by Goldman Sachs and a Russian investor has valued Zuckerberg's popular social networking site, Facebook, at USD 50 billion.

New York Times chief M&A reporter and author of bestseller - Too Big to Fail, Andrew Ross Sorkin broke the news on this deal breaker. In an exclusive interview with CNBC-TV18
TAGS: #Andrew Ross Sorkin #Facebook #Facebook IPO #Goldman Sachs #Harvard University #Mark Zuckerberg #Menaka Doshi #New York Times #too big to fail #World News
first published: Jan 4, 2011 09:01 am

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